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Match Group MTCH Exchangeable notes

Exchangeable notes at other companies

Cytokinetics logo
CytokineticsCYTK
$870.51M
Welltower logo
WelltowerWELL
8.5M+93.8%
Macerich logo
MacerichMAC
$5.23M+4,335%
Royal Caribbean Group logo
Royal Caribbean GroupRCL
-$14M
The Hanover Insurance Group logo
The Hanover Insurance GroupTHG
-$1.3M-168%
GBC
Glacier BancorpGBCI
$0-100%

Other financials

Income statement

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Revenue$863.9M+3.9%
Gross profit$653.3M+9.9%
Operating income$236.4M+37.0%
Net income$166.8M+41.9%
EPS (diluted)$0.68+54.5%

Balance sheet

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Cash & equivalents$1.0B+149%
Total debt$4.0B+16.0%
Total equity-$218.1M-19.4%
Total assets$4.4B+13.3%

Cash flow

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Operating cash flow$194.4M+0.6%
CapEx$20.4M+32.1%
Free cash flow$174.0M-2.1%

Valuation

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Market cap$8.27B-8.6%
Enterprise value$11.22B-6.8%
P/E12.5×-4.1×
P/S2.4×-0.3×

Profitability

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Gross margin73.8%+2.0pp
Operating margin26.6%+3.1pp
Net margin18.8%+3.0pp
FCF margin29%+6.0pp

Returns & leverage

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Return on equity6%
Debt / equity1.5×
Current ratio1.6×-0.1×

Where this comes from

Reported directly by Match Group in its filing.

Tagged under the XBRL concept mtch:DeferredTaxAssetsConvertibleDebt.

The official record: Match Group’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Match Group's exchangeable notes?
Match Group (MTCH) reported exchangeable notes of $20.09M in Q4 2025.
How has Match Group's exchangeable notes changed year-over-year?
Match Group's exchangeable notes decreased by 30.3% year-over-year, from $28.82M to $20.09M.
What is the long-term trend for Match Group's exchangeable notes?
Over 5 years (2020 to 2025), Match Group's exchangeable notes has grown at a -20.7% compound annual growth rate (CAGR), from $64.21M to $20.09M.
What does exchangeable notes mean?
This represents the deferred tax impact associated with the issuance and accounting treatment of convertible debt instruments. It captures the temporary differences between the book value and tax basis of debt that can be converted into equity. This metric is critical for understanding the long-term tax implications of capital structure decisions.